SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Merritt who wrote (67340)9/8/1999 12:19:00 PM
From: Les H  Respond to of 132070
 
"Currently, except for software embedded in equipment by the producer of that equipment, business purchases and the costs associated with own-account production of software are classified as inputs to production, and government purchases and own-account production of software are classified as government consumption expenditures ("own-account" production refers to software produced by a business or government for its own use).

bea.doc.gov

This is double-counting some of the inputs into the production of services or goods for sale since those costs are already incorporated in the IT budgets and passed on as part of the cost-of-goods-sold.